Author: Central Desk

Amidst the constantly evolving automotive industry, one technology stands tall as a revolutionary driver of enhanced road safety: Automotive RADAR. As revealed by the latest report published by Allied Market Research, the global automotive RADAR market, valued at $4.08 billion in 2020, is projected to reach an impressive $10.06 billion by 2028, indicating a Compound Annual Growth Rate (CAGR) of 12.6%. Asia-Pacific currently spearheads the market, bolstered primarily by China’s dominance, which is expected to persist during the forecast period. Meanwhile, India is witnessing considerable growth, attributed to increased purchasing power and a rising demand for passenger vehicles in the…

ARAI Conference: In the pursuit of revolutionizing the automobile industry, The Automotive Research Association of India (ARAI) is ready to host the fourth edition of the International Conference on Automotive Materials and Manufacturing (AM&M) 2023. The conference will be held at ARAI’s Homologation Technology Centre (HTC), Chakan, Pune, from May 31 to June 2. This event is the result of a strategic alliance between ARAI, SAE India, and ASM International (Pune chapter). Last year’s conference was shifted to an online platform due to the Covid-19 pandemic, but this year it is scheduled to take place in person. The conference’s organizational…

With Europe’s commitment to transitioning to electric vehicles (EVs), the traditional automotive industry is feeling the tremors. The stringent EU laws, forbidding sales of new internal combustion engine (ICE) vehicles by 2035, and a broader aim to achieve net-zero carbon dioxide emissions by 2050, are inadvertently opening doors for Chinese EV manufacturers, while causing concern for their European counterparts. China’s giant strides in the EV domain have placed them in a favorable position, with leading manufacturers like Zhejiang Geely Holding Group, Great Wall, and BYD holding an estimated 20% cost advantage over Europeans. Consequently, this is sending ripples across Europe’s…

With the advent of the electric vehicle (EV) revolution, traditional automakers are confronting multifaceted challenges to ensure their future relevance. In light of these predicaments, American automotive giant Ford has recently lobbied for post-Brexit EU trade requirements on rules of origin for electric vehicles to be deferred until 2027, up from the current year of 2024. The proposed extension aims to allow Europe’s nascent battery supply chain to mature adequately and fulfil the burgeoning demand for EVs. As stated by Ford, these tariffs, if imposed without delay, would unnecessarily burden consumers and potentially retard the progression to electric propulsion. The…

The global lead market, having experienced a considerable 12% drop in prices this year, is poised to receive a shot in the arm from China’s burgeoning automobile industry. Analysts predict an upward trend for the remainder of the year, supported by a forecasted growth in global demand of 1.7%. The main application of lead in the automotive industry lies in its use in batteries, alongside other uses in ammunition, weight belts, and soldering. Over the course of 2023, the price of lead saw a plunge of more than 12%, with a significant 5% decline witnessed in the previous month alone.…

Sweden is set to revolutionize the electric vehicle (EV) industry with the construction of the world’s first permanent e-motorway. This innovative development will charge electric vehicles while in transit, eliminating the need for extended charging stops. The game-changing project is targeted for completion by 2025, subject to the determination of the best-suited technology. Addressing the Challenge of Heavy Goods Vehicles The team, headed by Jan Pettersson, director of strategic development at Trafikverket (Sweden’s transport authority), is particularly interested in finding the most effective solution for heavy goods vehicles (HGVs). The power needs of these vehicles are immense due to their…

A landmark agreement between Indian car manufacturers and their UK counterparts is set to redefine the automobile trade landscape. The deal, which proposes the elimination of import taxes on a limited number of vehicles, promises to unlock the vast potential of India’s booming automobile market—the third-largest globally, as per a Reuters report. India’s current import tax structure, with rates soaring between 70 and 100 percent, has long been a formidable barrier for global automakers. In a significant shift, these rates are proposed to be scaled back to 10 percent over a five-year period on a maximum of 46,200 vehicles. This…

In the race for supremacy in electric vehicle (EV) battery production, China has taken a commanding lead, establishing control over crucial steps, from mining to manufacturing. The nation’s strategic investments and policy measures have created an industrial powerhouse, leaving the rest of the world playing catch-up. For decades, global economies have been vying to lead the electric vehicle revolution, aware of the economic and geopolitical advantages. China, however, has outpaced everyone, amassing control over the extraction of rare minerals essential for EV batteries, such as cobalt and lithium. While China does not possess abundant reserves of these minerals, its long-term…

After meeting with French President Emmanuel Macron, Elon Musk hinted at substantial future investments in France. This promising development is a part of Macron’s long-term strategy to rebrand France as a global hub for business and industry, particularly in the automotive sector. Musk, despite having partied in Los Angeles and Cabo, Mexico, just hours before his arrival, was welcomed with open arms. The billionaire’s visit included a meeting with French finance minister Bruno Le Maire and dinner at the “Choose France” summit in the Palace of Versailles, attended by 200 other business executives. Macron’s campaign to attract executives and transform…

In a major move, Ferrari has recalled 425 of its hybrid models, the 296 GTB and 296 GTS, amidst concerns of potential fuel leaks. The issue was identified during a pre-delivery inspection in China on April 12, when corrosion and a fuel leak were discovered in the fuel tank connecting pipe, a crucial component of the vehicle’s fuel system. The National Highway Traffic Safety Administration’s (NHTSA) Safety Recall Report elaborates on the issue, revealing that the aluminum fuel tank connecting pipe might accidentally come into contact with the high-voltage battery protection cover, made of glass fibers and inox steel. This…